What does value for money mean
Collins dictionary of business, 3rd ed.Traditionally vfm was thought of as getting the right quality, in the right quantity, at the right time, from the right supplier at the right price.Things sold at a good price the new store offers value for money.For example, the value of a loaf of.Meaning of value for money.
Value, as we know, is the ratio of exchange between two goods, and money measures that value through price.Freebase (0.00 / 0 votes) rate this definition:Her customers always get good value for money.Do you ask/answer value for money questions already?Whether in b2b or b2c, the term value for money is by no means a new one.
In 2000, it was worth $1.67 in 2022 terms.The new car was good value for money.A particular kind of evaluation question?4.2 when a business requirement arises, officials should consider whether a procurement will deliver the best value for money.By 1990, it was only worth $2.20, also in 2022 terms.
Value for money is not about achieving the lowest initial price.Value for money value for money is a 1955 british comedy film directed by ken annakin and starring john gregson, donald pleasence, leslie phillips, joan hickson, derek farr and diana dors.
